Debit Card Routing: Where the EFT Debit Networks Go Next
- Date:May 11, 2020
- Author(s):
- Sarah Grotta
- Research Topic(s):
- Debit
- PAID CONTENT
Overview
The EFT or PIN debit networks have lost transaction volume to the global networks as new payment standards continue to be introduced.
EFT debit networks will always play a critical role in the payments industry, guaranteed by the merchant routing choice rules of Regulation II (Debit Card Interchange Fees and Routing). The question remains if they will strike out in new directions, find new uses for their networks, and flourish.
Interested In This Report
Related content
How Pay-by-Bank Could Shake Up Payments
As older payment methods recede, pay-by-bank is emerging as a contender at the point of sale. It allows consumers to continue using the funds in their checking accounts, as they do...
Real-Time Payments at the Point of Sale
With the pending launch of the FedNow service in the United States, real-time payments (RTP) are poised to transform the way large numbers of Americans go about their transactions....
2023 Annual U.S. Debit Card Market Data Review
The seventh annual review of the U.S. debit card market consolidates data and analyzes recent trends shaping the use of these cards. In addition, a near-term forecast for debit vol...
Make informed decisions in a digital financial world